# The Insurance Companies (Amendment) Regulations 1995, Paragraph 4


The permitted counterparty exposure limit is—
(a) where the counterparty is an individual or an unincorporated body of persons, 5 per cent of the business amount;
(b) where the counterparty is a counterparty of the type mentioned in sub-paragraph (d) in the definition of counterparty, 5 per cent of the business amount;
(c) where the counterparty is a body corporate or group, each of—
(i) 20 per cent of the business amount;
(ii) 10 per cent of the business amount where the exposure arises other than by reason that debts are due or to become due as a result of short term deposits made with an approved credit institution;
(iii) 5 per cent of the business amount where the exposure is other than to bodies which are approved counterparties.

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Source: https://www.legislation.gov.uk/uksi/1995/3248/schedule/2/part/I/paragraph/4 (the official version)
Page: https://openlegislation.uk/insurance-companies-amendment-regulations-1995/schedule-2/part-I/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.